Coronavirus could cost the global economy $4.1 trillion – five per cent of worldwide output – Asian Development Bank warns

The crisis has sent equity markets spinning as traders fret over the long-term impact on the world economy, though governments and central banks have stepped in to ease the pain, pledging more than $5 trillion in stimulus and easing monetary policy.

UK gender gap continues to widen, says World Economic Forum report

While the UK failed to make the top 20 in any of the report’s four categories – economy, education, health and politics – the drop in its overall rating this year was chiefly attributable to a significantly lower score in “economic participation”, which measures attributes such as the ratios of women in the workforce, wage […]

COVID-19: Thailand’s new economic package to be worth 10 percent of GDP

Bangkok (VNA) – Thailand’s new economic package to mitigate the impact of the COVID-19 pandemic will be worth about 10 percent of its gross domestic product (GDP), Deputy Prime Minister Somkid Jatusripitak has said. Deputy PM Somkid stated that the package will cover all economic sectors for at least the next six months. If possible, […]

Indonesia extends closure of tourist destinations to contain COVID-19 spread

Hanoi (VNA) – Indonesia’s Jakarta administration has decided to extend the closure of tourist destinations and entertainment venues until April 19 as part of the capital’s effort to contain the spread of COVID-19. Head of the Jakarta Tourism and Creative Economy Agency Cucu Ahmad Kurnia said previously, the Jakarta administration announced the temporary closure of […]

The ‘meat and potato’ investments that will get the economy cracking again

Government can not stand by and allow this to occur again and has a once in a generation opportunity to deploy a significant allocation of the Covid-19 financial response package into public three waters infrastructure as a way to kick start our small and medium sized businesses, spread the benefits across New Zealand and more […]

FPT joins Keidanren, vows to boost Vietnam-Japan business links

In 2005, FPT established its branch in Japan. After 15 years, FPT Japan is currently one of the top 100 IT companies in the market with a turnover of VND5,534 billion and more than 1,500 employees working in Japan and more than 7,000 employees in Vietnam developing projects for Japanese customers.

Where are the west’s female leaders?

Now, I have long been a collector of badass moments in women’s political history but with those words, Rousseff unfurled a vision of unprecedented feminine power. A century where women occupy their deserved place as half of the leaders of the world? What an idea to unleash in a chamber imbued with decades of male […]

Coronavirus pandemic | I will fire him: President Bolsonaro threatens Brazil minister over criticism on handling COVID-19

According to the report, Mandetta told Bolsonaro during a cabinet meeting that he will be left with no choice but to criticise him if he fails to pay heed to the guidelines issued by the government. To this, Bolsonaro said, “If he did so, I would fire him.”

Most Brazilians do not want Bolsonaro to resign despite criticism of his coronavirus response -poll

On Friday, the same pollster said Bolsonaro’s coronavirus performance was rated “bad” or “awful” by 39% of respondents surveyed, up from 33% last month. Those who consider his response to the health crisis “good” or “great” slipped to 33% from 35%.

Most Brazilians do not want Bolsonaro to resign despite criticism of his coronavirus response: poll

The survey conducted by Datafolha pollster from Wednesday to Friday showed that 59% of the 1,511 respondents would oppose Bolsonaro’s resignation, while 37% would approve and 4% could not give an opinion. The margin of error was 3 percentage points, the newspaper said.